Bill Shorten to accept ACCC recommendations as PM recalibrates energy deal in attempt to contain conservative-led revolt

Labor will preempt part of the Turnbull government’s looming political fix on power prices by pledging to introduce a new regulated capped offer for electricity consumers.

With the prime minister recalibrating his national energy guarantee in an attempt to contain a conservative-led revolt, and poised to accept the recommendations of a recent Australian Competition and Consumer Commission inquiry into the electricity sector, which include capped pricing – Bill Shorten will on Sunday pledge to support that particular initiative.

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Read More Labor to pledge support for capped electricity pricing as Coalition’s Neg woes continue

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